Benzinga | Oct 29, 2020 07:52AM EDT

Recap: US Silica Holdings Q3 Earnings



Shares of US Silica Holdings (NYSE:SLCA) fell 2.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 11.76% year over year to ($0.15), which beat the estimate of ($0.35).

Revenue of $176,472,000 declined by 51.23% year over year, which beat the estimate of $175,180,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

US Silica Holdings hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vo9g8zty

Price Action

52-week high: $8.00

52-week low: $0.79

Price action over last quarter: down 29.66%

Company Description

U.S. Silica is one of the leading suppliers of sand used in hydraulic fracturing of oil and gas wells. The company delivers sand in most major basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Additionally, the company supplies relatively smaller amounts of sand used for various industrial applications, such as glass-making.